<a href="https://laohu8.com/S/MCTR">CTRL Group Ltd</a>. Announces Enhanced Executive Compensation Plan with Salary Increases and Significant Bonuses
CTRL Group Ltd. has announced an increase in the base salaries of its executive officers, effective February 1, 2025. The Board of Directors has approved the recommendations of the Compensation Committee to revise the compensation for key executives. Chief Executive Officer Mr. Lau Chi Fung's monthly salary will rise to $23,000, while Executive Directors Mr. Siu Chun Pong and Mr. Lam Kai Kwan will now receive monthly salaries of $14,000 and $18,000, respectively. Additionally, the Board has authorized bonuses of $250,000 for Mr. Lau, $180,000 for Mr. Siu, and $220,000 for Mr. Lam. The decision comes as a recognition of their efforts in meeting Nasdaq listing requirements and addressing disparities in executive compensation compared to other major listed companies.
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